Key points:

• Bitcoin remains stuck in a narrow range, which suggests that the breakthrough can be around the corner.

• Fomc minutes and the decision of the federal reserve interest rate can give the tone to the next steps of cryptocurrencies.

Bitcoin (BTC) still trades near the resistance of USD 120,000, which indicates that the bulls maintained pressure. Although Bitcoin is on a mighty gate, movement can face the seasonal wind. According to Axel Adler Jr. BTC has recorded an average return over the past 13 years in the last 13 years.

However, miniature -term uncertainty or historical weakness of August did not stop the strategy than buying more BTC. The company said on Tuesday that it purchased USD 21,021 at an average price of $ 117,256, increasing the total weight of 628 791 BTC.

As BTC consolidates, Ether (ETH) and BNB (BNB) gain on Earth. Glassnode said in the post on X that the domination of Eth Eth Eth Futures Volume exceeded BTC, meaning “the greatest volume patency” in records. “The change confirms the significant rotation of the speculative interest in the Altcoin sector,” added the analytical platform.

Can BTC break away from coverage? Will selected altcoins continue their bull? Let’s analyze the charts of the 10 best cryptocurrencies to find out.

Forecasting bitcoin prices

BTC still trades in a strict range from 115,000 to 120,000 USD. The longer the price remains in a narrow range, the greater the final breach.

20-day up-toe-day straight moving average (118 313 USD) and a relative strength indicator (RSI) in positive territory indicate that the path of the lowest resistance is additional. If the buyers raise a price above USD 120,000, the BTC/USDT pair may take a momentum and escalate to fresh all time above 123 218 USD. The couple can then rise to $ 135,000.

And vice versa, a break and a closing below $ 115,000 suggests that bears have been overwhelmed by bears. This can sink a price to $ 110,530. This is necessary support that you can have an eye, because the break below opens the gates for a decrease to $ 100,000.

Forecasting the price of ether

Eth tries to keep above the level of a breakthrough 3745 USD, signaling that the Bulls are in a hurry to reserve profits when they predict another higher leg.

If the price reflects from the support of $ 3,745, the ETH/USDT pair may reach a general resistance of USD 4,094. Sellers are expected to be a mighty challenge of USD 4,094, but if the winners win, the couple may escalate rapidly in the direction of USD 4,868.

Instead, if the price drops and breaks below USD 3,745, it suggests that the bulls have surrendered. This can jerk the price to the 20-day SMA (3516 USD), where the buyers are expected to enter. If the price revives the 20-day SMA with strength, Bulls will try to break the general resistance again.

XRP price forecast

XRP (XRP) is a witness to a weighty battle between buyers and sellers during 20-day SMA (USD 3.16).

If prices slip below USD 3.05 support, the next stop will probably be USD 2.95. The buyers are expected fiercely to defend the level of USD 2.95, because the break below may start a deeper correction in the direction of USD 2.65.

Alternatively, a mighty reflection from USD 2.95 suggests solid demand at lower levels. 20-day SMA can act as resistance along the way, but if the bulls overcome it, the XRP/USDT pair can escalate to USD 3.33, and then to USD 3.66.

Bnb price forecasting

BNB has gone back to the level of 794 USD, which is a key support to be careful.

If the price revives $ 794 with strength, it suggests that Bulls are trying to transfer the level to support. If this happens, the BNB/USDT pair can check the highest level of USD 861 again. A break and closing above USD 861 can start the next stage of growth up to USD 900.

On the contrary, the break and closes below the level of 794 USD signals profit books by miniature -term buyers. The couple can then immerse themselves in a 20-day SMA (751 USD), which will probably attract buyers. Sellers will have to jerk a pair below 20-day SMA to gain an advantage.

Solana’s price forecasting

Solana (SOL) returned to the 20-day SMA (178 USD), which will probably act as solid support.

If the price reflects from the 20-day SMA with strength, the bulls will again try to push the Sol/USDT pair towards the resistance above the head of USD 209. A break and closing above 209 USD can open the door to the rally up to USD 240. There is a slight resistance of USD 220, but it will probably be exceeded.

Unlike a break and closing below 20-day SMA, it can tug the price to the 50-day SMA (USD 160). This suggests that the couple can extend their stay from $ 110 to 209 for a few days.

Forecasting Dogecoin prices

Dogecoin (Doge) rejected on Monday from USD 0.25 and broke below 20-day SMA (0.22 USD) on Tuesday, which indicates the sale of rallies.

The next support is 0.21 USD. If the price is reflected from USD 0.21 and a break above 20-day SMA, Bulls will try to exceed a pair of dog/USDT to 0.26 USD, and later to 0.29 USD. Sellers are expected to defend the level of 0.29 USD with all their power, because approaching above can drive a pair to USD 0.35, and then to 0.44 USD.

On the other hand, the break and closing below 0.21 USD can sink a pair to 50-day SMA (0.19 USD). This suggests that the couple can remain in a vast extent from 0.14 to 0.29 USD for a while.

Cardano price forecasting

Cardano (ADA) slipped under a 20-day SMA (0.79 USD) on Tuesday, which indicates that bears are trying to take control.

There is a support of 0.76 USD, but if the level breaks down, the Ada/USDT pair can expand the correction to 0.73 USD, and then to 50-day SMA (0.67 USD). Such a fall suggests that the couple can remain in the range of 0.50 to 0.86 USD for some time.

The first sign of strength will be a break and nearly over 20-day SMA. This suggests a lack of aggressive sales at lower levels. Bulls will then try to push the pair above the resistance of 0.86 USD.

Related: Price $ 3 threatened? Why XRP was one of the worst performers this week

Anticipating the price of hyperlic

Hyperliquid (Hype) got stuck between the ascending channel support line and the 20-day SMA (USD 45.13).

Failure that Bulls will not exceed prices above 20-day SMA increases the risk of a break below the support line. If this happens, the noise/USDT pair can correct to USD 36, and then to $ 32.

This negative view will be annulled in the near future if the price appears and increases above 20-day SMA. The couple can then climb to the resistance zone of 48 to 49.87 USD.

Star price production

Stellar (XLM) fell below 20-day SMA (0.44 USD) on Monday, and the bears defended the level during the re-test on Tuesday.

Sellers will try to strengthen their position by downloading a price below 0.40 USD. If they manage to do this, the XLM/USDT pair may drop to 50% of the Fibonacci withdrawal level of 0.37 USD, and then to the level of recovery 61.8% 0.34 USD.

Buyers will probably have other plans. They will try to return, exceeding the price above 0.46 USD. If they manage to pull it out, the couple may again base the resistance of USD 0.52. The next stage of the rally up to USD 0.64 can start from USD 0.52.

SUI price forecast

Sui (Sui) increased above the resistance worth USD 4.30 on Sunday, but the breakthrough turned out to be the trap of the bull, because the price dropped rapidly on Monday.

Bears try to keep a price below 20-day SMA (USD 3.85). If they do this, the Sui/USDT pair may drop to USD 3.51. The buyers are expected to defeat the zone from USD 3.51 to 50-day SMA (USD 3.27).

If the price increases from USD 3.51 and a break above 20-day SMA, this suggests possible range. The couple can range from $ 3.5 to $ 4.30 for some time. A break and closing above USD 4.30 can start a fresh upward trend in the direction of $ 5.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.